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- Commerce is the exchange of goods or services among two or more parties for money or something of equal value12. It is a subset of business that focuses on the sale of finished or unfinished products rather than their production or marketing1. Commerce covers all the activities that directly or indirectly assist in the process of exchange2. It is concerned with the distribution aspect of the business2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Commerce is the exchange of goods or services among two or more parties. It is the subset of business that focuses on the sale of finished or unfinished products rather than their sourcing, manufacturing, transportation, or marketing. Generally, commerce can refer to an exchange of goods or services for money or something of equal value.
www.investopedia.com/terms/c/commerce.aspDefinition: Commerce refers to the well organized set up of large-scale interchange of products, service or something of value, for money or money’s worth, among the economic agents. It covers all the activities which directly or indirectly assist in the process of exchange. Basically, it is concerned with the distribution aspect of the business.businessjargons.com/commerce.html - People also ask
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